Oliverio & Partners Supports Pony AI IPO on Nasdaq
Oliverio & Partners provided strategic assistance for the investment in Pony AI Inc.'s (PONY) Initial Public Offering (IPO) on the Nasdaq in New York. The AI and automation pioneer filed for an initial public offering of 15,000,000 shares, priced between $11 and $13 per share, aiming to raise between $165 and $195 million.
Set to trade under the ticker symbol "PONY," Pony AI plans to use the proceeds to accelerate research and development, expand global operations, and solidify its position as a market leader. The startup is renowned for its groundbreaking technologies in autonomous mobility and robotics, with the potential to revolutionize multiple industries.
The IPO is being led by Bank of America, Goldman Sachs, Deutsche Bank, Huatai, and Tiger Brokers as the principal underwriters.
"Investing in Pony AI is not just a financial opportunity but a bet on the future of technology and innovation," stated Avv. Vincenzo Oliverio, a member of the board of directors at Oliverio & Partners. "We are proud to support such a visionary company whose technologies can have a transformative impact across various sectors, contributing to a more efficient and sustainable future."
This transaction highlights Oliverio & Partners’ role as a leader in supporting strategic investments and IPOs, with a strong focus on innovative, high-potential companies.
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